Gbpaudshortsignal
GBPAUD FLIPPED BIAS : SHORT !After about four months of GBPAUD rebound from the last dip of December 2020, GA struggled continuosly with weak price action to gain bullish momentum but was able to pull price up from December lows of 1.7400. GA was quite bullish for a while and technical analysis was indicating bulls could move price into 1.85 highs but this was cut short last week when price massively rejected 1.82900 resistance and started to dump back below.
Looking Forward to the coming weeks ahead, I expect the start of a downtrend/bearish continuation from a longterm perspective for GA. Currently on the chart, price is sitting at 1.79 which holds some massive support strength, if this zone is broken and price slides i see GBPAUD going back into 1.75600 level as a predicition.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
GBP/AUD SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell-Order: 1,82750
Stop-Loss: 1,83565
Target 1: 1,81950
Target 2: 1,81530
Target 3: 1,80600
Stop-Loss: 81,5 pips
Risk: 1%
Risk-Reward: 2,66
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Peace and good trades
Irasor
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